SBA 504 Interest Rates are often below the Prime Interest Rate. The average Prime Rate (August 1955 – Present) is 9.80%. Today’s Prime Rate is 8.25%. Conversely, today’s 25-Year Fixed SBA 504 Interest Rate is 6.02%. While this is higher than the...
The U.S. Small Business Administration (SBA) issued a series of new procedural notices this week, including SBA Information Notice 5000-847027 publishing the new SOP 50-10-7, “Lender and Development Company Loan Programs.” SOP 50-10-7 will become effective August 1,...
Those who have investigated the U.S. Small Business Administration’s (SBA) 504 financing options have probably seen a reference to a Certified Development Company (CDC), but they may not be fully aware of what a CDC is or what role they play in the SBA...
